Frustrated With Congress, IMF Heads Leave D.C. With Budding Idea

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National Public Radio

As far as looks go, Washington turned in a dazzling performance as host city for this past week's meetings at the International Monetary Fund and World Bank.

Cherry blossoms peaked, tulips popped, and the air carried the sweet scent of hyacinths.

But politics-wise, Washington let down its global guests. They came begging Congress to approve a package of IMF reforms, but are leaving Sunday with nothing.

"We are all very disappointed by the ongoing failure to bring these reforms to conclusion," Australia's Treasurer Joe Hockey told reporters.

The week-long meetings of finance ministers and central bank governors from around the world conclude on Sunday. The global leaders have taken every opportunity to express their frustrations with the U.S. failure to ratify the 2010 agreement to reform the IMF.

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